8.13 Evening Bitcoin Ethereum Analysis
The evening Bitcoin has finally broken out of the range, directly standing at 120500, the trend is very stable, and there are no signs of a pullback in the short term.
In this market, the technical aspect is just a reference; the main drivers are the capital and sentiment. Before the U.S. stock market opens in the evening, don't think about trying to short the top; following the major trend is the correct approach.
Bitcoin: Buy on dips in the 119800-118800 range, target 121100-122500, if it breaks strongly, look for 125000.
Ethereum: Buy on dips in the 4650-4600 range, target 4730-4800, if it breaks, head straight for the historical high of 5000.
